Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’

Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering.

Crypto Firm Galaxy Digital to Raise $500M for New Fund, Mining Operations

Galaxy Digital's latest fundraising effort came as the crypto firm announced plans to move its headquarters to New York.

Galaxy Digital raises $500 million in convertible debt to fund business expansion

The move comes after the company increased its net profits by over ten-fold in the last quarter.

Galaxy Digital CEO Says Powell’s 2nd-Term at US Fed Reserve Could Hurt Crypto Market

Mike Novogratz talked about critical impacts on the crypto market following Jerome Powell’s reappointment as Federal Reserve chairman.

Bitcoin Is Crushing Gold As Crypto Adoption Cycle Accelerates, Says Galaxy Digital’s Mike Novogratz

Galaxy Digital CEO Mike Novogratz thinks Bitcoin (BTC) is the new asset of choice for people seeking to protect themselves from the effects of inflation.

Time Magazine to Add Ether to Its Balance Sheet as Part of Efforts to Support Metaverse Newsletter with Galaxy Digital

Under a partnership with Galaxy Digital, Time Magazine will hold Ether as part of its corporate balance sheet and produce metaverse-related content.

Time Magazine will hold ETH as part of Galaxy Digital partnership to support metaverse newsletter

Mike Novogratz said the partnership was part of a move to “bring readers, creators, and the curious into the metaverse.” Time Magazine, the media company that has been an American institution for almost a century, is partnering with Mike Novogratz's Galaxy Digital in an effort to allow its readers to explore the metaverse.In a Thursday announcement, Time said the partnership with the investment management firm was aimed at educating its readers about the metaverse.

After Bitcoin, Ethereum next to feature on TIME Magazine's balance sheet

Ethereum [ETH] will soon feature on TIME Magazine's balance sheet as part of the publication's partnership with crypto-investment firm Galaxy Digital.

Crypto Firm Galaxy Digital Postpones US Public Listing Until 2022

Galaxy Digital Holdings announced that it postponed its bid to go public in the US stock market in the first quarter of 2022 instead of the fourth quarter of 2021.

Galaxy Digital exec compares crypto funds to 'hedge-fund space in early 2000s'

The year-to-date inflows are at a record high of US$8.9 billion as per CoinShares' weekly fund flows until 5 November.

Novogratz's Galaxy Digital postpones plans for US stock listing, to early 2022

Michael Novogratz's Galaxy Digital Holdings Ltd is scheduled to go public in the first quarter of 2022, instead of late 2021.

Novogratz’s crypto firm Galaxy Digital delays US stock listing to 2022

After initiating the BitGo acquisition in May, Galaxy Digital expects to close the deal in the first three months of 2022. Galaxy Digital Holdings, Mike Novogratz’s cryptocurrency investment management firm, is not going public in the United States in late 2021 as the firm previously planned.Galaxy Digital has postponed plans for a US listing, now expecting to go public in the first quarter of 2022, the company’s founder and CEO, Novogratz, announced Monday.“We look forward to our US listing and the close of our BitGo acquisition, which we now expect will occur in the first quarter of 2022,” he said.The US Securities and Exchange Commission is yet to approve Galaxy Digital’s potential listing on an American exchange, Galaxy reportedly said.Novogratz’s crypto investment manager is also still in the process of closing the acquisition of cryptocurrency custodian BitGo after initiating the purchase earlier this year.

Galaxy Digital Looks to Complete BitGo Acquisition, US Listing by Q1 2022

American digital currency service provider, Galaxy Digital, says it is on track to complete its acquisition of BitGo by the first quarter of 2022.

Galaxy Digital Reports $517M in Q3 Net Income, Up 91% From 2020

Galaxy Digital released its financial results for the third quarter of 2021, and the digital asset firm has far outpaced results from 2020.

Galaxy Digital’s October AUM Grew More Than 40% to $3.1B

Galaxy Digital's assets under management (AUM) grew from $2.2 billion to over $3.1 billion in October, a surge of over 40%.

Novogratz’ Galaxy Interactive Raises $325 Million to Engage with Blockchain-Based Games

Following a $325M fundraising round Galaxy Digital's division - Galaxy Interactive - plans to enter the blockchain-based games and artificial intelligence sectors.

Galaxy Interactive raises another $325M fund aimed at Metaverse and next gen games

The venture capital firm will fund companies in the interactive sector that combine content, finance and tech.

Galaxy Digital’s Entertainment Arm Raises $325M Fund for NFT, Gaming Bets

Galaxy Digital re-stocked its crypto-culture war chest earlier this year with a $325 million venture fund focused on digital entertainment.The fund, from Galaxy Interactive, which scouts gaming and arts startups for Mike Novogratz’s crypto conglomerate, has been investing in projects such as Art Blocks for months now, General Partner Sam Englebardt told CoinDesk.“What would you invest in if you believe that the younger generations, in particular, are moving en masse from the physical to the digital world?’” Englebardt said in an interview, noting that Galaxy Interactive has showered $150 million on projects accordingly.If non-fungible tokens (NFTs) and other crypto tech are to form the backbone of this coming metaverse, then Galaxy wants its share of the spine.

Crypto Giant Galaxy Raises $325M for 'Content and Technology' Fund

Galaxy Interactive has raised a massive new fund to invest in crypto projects at the intersection of finance and tech.

XRP Has Nearly Tripled in Value Despite SEC Lawsuit Due to ‘New Phenomenon,’ Says Galaxy Digital CEO

A “new phenomenon” is helping XRP’s price thrive despite the ongoing US Securities and Exchange (SEC) lawsuit against Ripple, according to Galaxy Digital CEO Mike Novogratz.

Bitfury CEO confirms IPO considerations are part of expansion plans

In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation. Bitfury, one of the world’s largest companies in the blockchain industry, is mulling a potential initial public offering, or IPO, as part of the company’s global growth plans, the company’s CEO confirmed to Cointelegraph.“As Bitfury and its portfolio of companies continue their global expansion in the digital assets space, Bitfury will be considering an IPO as part of its broader expansion and growth plans,” Bitfury co-founder and CEO Valery Vavilov said.According to the executive, Bitfury has not yet determined when and on what exchange the company is willing to proceed with an IPO.

This Is Where Crypto Is Headed in the Last Quarter of 2021, According to Galaxy Digital’s Mike Novogratz

Galaxy Digital CEO Mike Novogratz is optimistic about the forecast for crypto during the last quarter of 2021.

Crypto Industry Getting 'Less Bananas' As It Matures: Galaxy Digital Exec

Tim Grant, Head of Europe at Galaxy Digital, believes crypto is now at an “inflection point” where innovation is meeting mainstream culture. 

OP Crypto Capital founder cites gaming, Web 3 as drivers of crypto economy

The venture fund led by David Gan is backed by Digital Currency Group, Galaxy Digital, Huobi Ventures, Bybit's venture arm and others.

Social token provider Roll raises $10M to tokenize online interaction

"NFTs represent the future of content on blockchains," said Roll co-founder and CEO Bradley Miles. Social token infrastructure provider Roll raised $10 million in Series A funding, bringing the company’s total funds raised to $12.7 million to help creators tokenize their interactions with communities. Led by IOSG Ventures, the funding round saw participation from Animoca Brands, Alchemy, Huobi Ventures, Weekend Fund, Mischief Fund, Audacity and existing investors like Galaxy Interactive, Hustle Fund, Gary Vaynerchuk, Trevor McFederies, Ryan Selkis and Balaji Srinivasan.Social tokens are blockchain-based digital currencies that have the potential to be used as the basis of a decentralized creator economy.

Billionaire Mike Novogratz Says Bitcoin Market Is ‘in Good Shape’ — China Has ‘Less and Less’ Influence Over Crypto

The billionaire investor and CEO of Galaxy Digital, Mike Novogratz, says the bitcoin market is in good shape, noting that he sees “so much capital coming into the space.” He also commented on the dwindling influence China has over the crypto market.

Invesco Partners with Mike Novogratz’s Galaxy Digital to Rollout Suite of Crypto ETFs

Investment management firm, Invesco, is preparing to make crypto ETFs available to investors.

Mike Novogratz: Gary Gensler 'Wants to Be the Sheriff of Cryptoville'

Galaxy Digital founder and CEO Mike Novogratz said it's clear that SEC Chair Gary Gensler is gunning for crypto—but it doesn't have to spell doom.

Bitcoin and Ethereum Looking Strong as Institutional Crypto Activity Hits Critical Mass: Mike Novogratz

Billionaire and Galaxy Digital CEO Mike Novogratz says corporate interest in Bitcoin (BTC) and Ethereum (ETH) has never been higher.

SEC registrants seek DeFi and physically-backed Bitcoin ETF approval

Amplify ETFs, Invesco and Galaxy submitted registrations to the US SEC for Bitcoin and DeFi-based ETF offerings. Crypto companies from the United States filed two registration statements with the Securities and Exchange Commission (SEC) seeking permission to sell exchange-traded funds (ETF) in relation to Bitcoin (BTC) and decentralized finance (DeFi).An Atlanta-based investment company, Invesco joined New York’s Galaxy Digital Funds to file and register Invesco Galaxy Bitcoin ETF, a trust with physically protected private keys.

Galaxy Digital, Invesco File Joint Physical Bitcoin ETF Proposal

Members of the crypto industry still hope to convince the SEC of a Bitcoin-backed ETF as yet another application joins the line.

Bitcoin in ‘good shape’ as long as BTC price stays above $40K — Mike Novogratz

The veteran Bitcoin bull says he’s not “nervous” about crypto on the back of the institutional investor demand he has witnessed. Bitcoin (BTC) won’t be making Galaxy Digital CEO Mike Novogratz “nervous” unless it dips below $40,000.In an interview with CNBC on Sept.

Argo Blockchain secures $25M Bitcoin-backed loan from Galaxy Digital

The Bitcoin mining giant has entered into another BTC-backed loan agreement with Galaxy Digital as it pursues further operational expansions. Argo Blockchain has secured another loan agreement from Galaxy Digital LP with the mining firm’s Bitcoin (BTC) as collateral.According to an announcement by the London Stock Exchange on Friday, the new Bitcoin-backed loan agreement is to the tune of 18.05 million pounds (about $25 million).As previously reported by Cointelegraph, Argo entered into a prior BTC-backed loan agreement with Galaxy Digital for $20 million back in June.The United Kingdom-based Bitcoin miner will reportedly roll up both loans into one for a combined sum of $45 million.As part of the agreement, Argo will utilize the fresh capital influx to support its expansion efforts in Texas.In March, the company purchased a 320-acre land plot in Texas that will reportedly host a 200-megawatt Bitcoin mining facility.By securing a Bitcoin-backed loan, Argo Blockchain is also able to increase its available capital without needing to liquidate mined BTC.

Here’s What Triggered Bitcoin’s Painful Plunge, According to Galaxy Digital’s Mike Novogratz

Billionaire Mike Novogratz believes Bitcoin’s big price drop this week is no surprise.

Despite Bitcoin price crash, BTC is the internet of value transfer: Novogratz

Retail investors had good reasons to overextend in the crypto market, says billionaire Bitcoin bull Mike Novogratz. The crypto market is back to major price swings followed by a Bitcoin (BTC) price crash on Tuesday, the day the largest cryptocurrency became legal tender in El Salvador.

Galaxy Digital Will Introduce Cryptocurrency Indexes In Partnership With Alerian

Galaxy Digital has announced the launch of passive cryptocurrency indexes with Alerian.

‘Shadowy Super Coder’ Pack Offers $315M of Perks for Ethereum NFT Devs

Polygon, Alchemy, Gitcoin, and other projects have poured benefits into this free pack from Project Galaxy.

Galaxy Digital CEO Mike Novogratz Predicts Path Ahead for Bitcoin and Crypto Markets

Galaxy Digital CEO Mike Novogratz predicts that after consolidating in the short term, Bitcoin (BTC) will witness a bullish fourth quarter and rally alongside the stock market.

Galaxy Digital partners with Alerian to launch eight crypto indexes

Galaxy Digital and Alerian announced the launch of eight passive crypto indexes that are rebalanced monthly and weighted equally.

Bloomberg and Galaxy Digital Floats Crypto Index for Decentralized Finance

Bloomberg has launched a DeFi-backed Index fund with co-branding from Galaxy Digital.

Galaxy Digital partners with Bloomberg for DeFi index

According to Bloomberg, the nine DeFi assets selected for the index at launch were based on "institutional trading and custody readiness" in the United States. Financial news site Bloomberg and Galaxy Digital Management have expanded their crypto offering to track the performance of the decentralized finance space.In a Thursday announcement, Bloomberg said it would launch an index currently tracking nine different decentralized finance, or DeFi, projects with Galaxy Digital.

Mike Novogratz's Galaxy Digital Rolling Out DeFi Index Fund

Galaxy Digital's new fund exposes investors to UNI, AAVE, COMP, and other Ethereum-based tokens.

Billionaire Mike Novogratz unfazed by Galaxy Digital’s $175.8M loss in Q2

Galaxy Digital founder and CEO Mike Novogratz was unfazed by the firm’s $175.8 million loss as he emphasized the importance of digital asset adoption. Mike Novogratz’s crypto investment firm Galaxy Digital Holdings has posted a second-quarter loss of $175.8 million.

Mike Novogratz’s Galaxy Digital Files for a Bitcoin Futures ETF

The New York-based broker dealer joins the growing list of US crypto firms striving for a Bitcoin futures ETF.

Second Attempt In 4 Months: Novogratz’s Galaxy Digital Files for a Bitcoin Futures ETF

Mike Novogratz's Galaxy Digital continues with its Bitcoin ETF attempts in the US with a new filing for a futures-only product.

Galaxy Digital backs $50M funding round for crypto staking outfit Figment

The crypto staking service platform is now worth over $500 million and could be looking to expand staff strength and business operations. Mike Novogratz’s investment management firm Galaxy Digital has reportedly participated in a $50 million funding round for Figment, a crypto staking startup.According to Bloomberg on Monday, Galaxy Digital joined investors like Anchorage and Bonfire Ventures in a Series B funding round led by Senator Investment Group and Liberty City Ventures.The company is now reportedly worth about $500 million following the fresh injection of investment capital.

Bank of Korea Initiates CBDC Pilot Plan on Samsung Galaxy Smartphones

Samsung Electronics will participate in South Korea’s Central Bank Digital Currency pilot project.

Bank of Korea to Pilot CBDC on Samsung Galaxy Phones

The central bank is exploring offline crypto payments through Samsung's Galaxy smartphone range.

Samsung ‘Will Join Kakao’ to Trial Offline Payments for S Korea’s CBDC

Source: Adobe/S_E Two Samsung affiliates are reportedly set to join a number of Kakao subsidiaries in piloting the Bank of Korea (BOK)’s central bank digital currency (CBDC) prototype – with reports claiming the electronics giant will test offline payments made using its Galaxy smartphones. Per Hanguk Kyungjae and multiple other South Korean media outlets, Samsung and the BOK have refused to

Blockchain Analytics Firm CryptoQuant Closes a $3M Funding Round Led by Hashed

CryptoQuant has raised $3 million in funding from leading industry investors including Hashed and Mike Novogratz’s Galaxy Interactive.

Mike Novogratz blasts US officials for poor grasp of crypto industry

The billionaire crypto proponent said politicians and regulators have a flawed understanding of crypto and its technological underpinnings. Amid the chorus of stringent crypto regulations among several United States leaders, proponents such as Galaxy Digital CEO Mike Novogratz look to counter anti-cryptocurrency sentiments circulating in Washington.Tweeting on Tuesday, Novogratz described crypto as the “future of our financial systems” while adding politicians and regulators ought to do their homework before devising policies to regulate the industry.Novogratz’s tweet was in response to Senator Elizabeth Warren’s remarks where the Senator from Massachusetts once again espoused anti-crypto sentiments, calling cryptocurrency “the wild west” of the US financial system.Senator Warren has been a vocal proponent of more stringent crypto regulatory policies, even querying officials such as Gary Gensler, Chairman of the Securities and Exchange Commission and Treasury Secretary Janet Yellen to come up with stricter rules for digital currencies.Speaking to the Aspen Security Forum on Tuesday, Gensler recognized the value proposition of Bitcoin (BTC) and crypto assets, albeit stating that cryptocurrencies were “highly speculative stores of value.”As previously reported by Cointelegraph, Gensler has expressed the need for more robust crypto regulations in America.

Miley Cyrus performs at birthday party for Mike Novogratz’s daughter

Pop starlet Miley Cyrus was spotted performing at an extravagant private birthday party for actress Gabriela Novogratz, the daughter of Galaxy Digital CEO Mike Novogratz. Pop starlet Miley Cyrus has performed at a private party hosted by Galaxy Digital CEO, Mike Novogratz.According to an August 2 report from Dan’s Paper, the event was held to celebrate the birthday of the billionaire’s daughter, actress Gabriela Novogratz.Cyrus donned a red leotard and performed an assortment of her hit songs including “Wrecking Ball” and “Party in the USA,” in addition to delivering covers of Sinead O’Connor, The Pixies, and Blondie, among others.

Mike Novogratz Says Institutions Are Buying Bitcoin, Politicians Need More Crypto Education

Galaxy Digital CEO Michael Novogratz says that cryptocurrencies, such as bitcoin, have bounced back because institutional investors are buying.

Sensorium Galaxy: Taking Digital Entertainment to the Next Level

[Featured Content] The world goes virtual – what used to be an easily dismissable notion is starting to become the new reality.

US crypto community overtaking Asia, says Mike Novogratz

“China has declared war on crypto as part of this broader cold war that we’re getting into,” Mike Novogratz stated. As Bitcoin (BTC) has continued trading sideways after dipping below $33,000 on Thursday, Galaxy Digital CEO Mike Novogratz has provided some geopolitical observations regarding the industry.In an interview with CNBC’s Squawk Box, Novogratz said that Bitcoin price is now consolidating between $30,000 and $35,000, suggesting that the United States’ crypto community is now taking the lead in the market amid a bearish trend coming from Asia.The longtime Bitcoin bull noted that China’s crackdown on the crypto market is part of broader issues in the market, stating:“What we’re seeing is Asia sells it off, and then the US buys it back.

Aave to launch permissioned deployment for institutions in July

In response to “extensive demand from various institutions,” Aave’s permissioned deployment will go live this month. Leading DeFi money market, Aave, has announced plans to launch a permissioned version of its platform for institutional investors this month.The platform will be launched in partnership with crypto custodian and service provider, Fireblocks.On June 4, Twitter user “TraderNoah” shared a screenshot of an email they claim to have received after attending Blockworks’ “Next Steps in Institutional DeFi” webinar that featured Aave founder and CEO Stani Kulechov, Fireblocks CEO and co-founder Michael Shaulov, and Galaxy Digital CEO Mike Novogratz.Both during the conference and in the email, it was revealed that Aave’s institutional product, dubbed “Aave Pro,” intends to launch this month in response to “extensive demand from various institutions.”$AAVE Pro coming in July.For those that didn't attend the "NExt Steps in Institutional Defi" Zoom with Stani, here's a recap email I received.

China's miner exodus a ‘big net positive for crypto,’ Mike Novogratz says

Despite China's undermining, Bitcoin still exists and survives in lots of ways, Galaxy Digital's CEO says. As major miners are leaving China one after another following the country’s crackdown on Bitcoin (BTC), Galaxy Digital CEO Mike Novogratz has echoed other experts in seeing the migration out of China as a positive development.Novogratz explained on Bloomberg that despite China’s attempt to undermine Bitcoin — like banning mining, banning leverage, and even banning Bitcoin in some places — the original cryptocurrency is still alive and kicking.

Argo Blockchain Secures $20M Loan to Build Out West Texas Mining Facility

London-based Argo blockchain has secured a $20 million loan from Galaxy Digital, providing momentum as a driving force to expansion.

Argo Blockchain Secures $20 Million Loan with Galaxy Digital LP

Argo Blockchain expresses joy as it announces a £14 million ($20 million) loan agreement on its website.

Argo Blockchain receives $20M Bitcoin-backed loan from Galaxy Digital for Texas mining facility

The UK-based mining firm's announcement comes amid the country's Financial Conduct Authority cracking down on crypto exchanges. Galaxy Digital has issued a $20 million loan to United Kingdom-based crypto mining company Argo Blockchain for building a data center in West Texas.In a Tuesday announcement from Argo, the firm said it secured 14 million euros — roughly $19.4 million at the time of publication — in a six-month loan agreement from Galaxy Digital using a portion of its Bitcoin (BTC) holdings as collateral.

Bulls on parade: Galaxy Digital and Alameda pundits tip market recovery

Jason Urban, co-head of Galaxy Digital Trading thinks institutional adoption of crypto is in its early days and predicts BTC is set to reach new all-time highs once the FUD dissipates.

Mike Novogratz: Institutional Investors Will See Bitcoin’s Price Decline as Opportunity to Buy

Galaxy Digital CEO Michael Novogratz says he is not nervous about bitcoin’s price falling, even when it falls below $30K.

Goldman Sachs Starts Trading Bitcoin Futures, Taps Galaxy Digital as Liquidity Provider

Goldman Sachs has partnered with Galax Digital to help the US investment bank offer Bitcoin futures products.

Goldman Sachs Expands Bitcoin Futures Trading With Galaxy Digital, Promises Ethereum Futures Next

Goldman Sachs is delving deeper into the crypto space, expanding its Bitcoin futures trading opinions and teasing the launch of Ethereum futures next.

Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures

Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products.

Goldman Sachs Partners With Galaxy Digital For Bitcoin Futures

Goldman Sachs furthering investment into bitcoin, and even crypto more broadly, shouldn’t surprise anyone too much by now.

Goldman Sachs joins hands with Galaxy Digital to trade Bitcoin Futures

One of the largest bulge bracket banks in the world, Goldman Sachs, is in the news today after it recently joined forces to provide a helping hand to the world's largest cryptocurrency. InstitutionThe post Goldman Sachs joins hands with Galaxy Digital to trade Bitcoin Futures appeared first on AMBCrypto.

Goldman Sachs Taps Galaxy Digital as Bitcoin Futures Liquidity Provider

Galaxy Digital has been identified as one of the liquidity providers for Goldman Sachs’ relaunched Bitcoin trading desk. 

13 New Grayscale Candidates, Goldman Galaxy, Danske Upholds BTC Ban + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ___ Investments news Investment company Grayscale Investments has expanded their list of assets that they’re considering for inclusion into their product family, adding 1inch (1INCH), bancor (BNT), curve (CRV),

Goldman Sachs to offer Bitcoin futures trading in partnership with Galaxy Digital

Mike Novogratz’s Galaxy Digital will serve as the counterparty entity for Goldman Sachs’s Bitcoin futures trading product. Goldman Sachs has debuted a Bitcoin (BTC) futures trading product for its client in collaboration with crypto investment giant Galaxy Digital.According to CNBC, the move marks the first time the Wall Street bank has partnered with a digital asset-based liquidity provider.

NFT Startup Mythical Games Raises $75M From Gary Vee, Galaxy, Others

The firm, led by Activision, EA, and Oculus veterans, brings in sizable new funding funding to build out its Blankos Block Party game.

Mike Novogratz Doubts Dogecoin’s Future — ‘No Institution Is Buying DOGE, Retail Will Lose Interest’

Galaxy Digital CEO Mike Novogratz doubts the future of dogecoin.

Bitcoin Bull Mike Novogratz Insists ‘Crypto Revolution Has Happened’ Despite Falling Prices, liquidation

Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened.” While viewing the current market as a “liquidation event” and a setback, Novogratz still believes in the long-term adoption of bitcoin.

Samsung Adds 3rd-Party Crypto Wallet Support

The electronics giant Samsung has announced that it will allow users of older Galaxy smartphones that do not feature its crypto wallet app – the Samsung Blockchain Keystore – to use hardware wallets.

Weeks Of Sideways Trading Ahead as Bitcoin Newbies Panic Selling to Hodlers

Bitcoiners are hopeful that bitcoin (BTC) will bounce back stronger following its recent Elon Musk-fuelled price setback – but the likes of Galaxy Digital CEO Michael Novogratz say that choppy waters could be ahead for at least the next few weeks as new entrants are panic-selling.

Traditional Banking System Consumes Twice Energy Than Bitcoin Mining, New Research Reveals

A new study by Galaxy Digital shows that the traditional banking system uses twice the energy that Bitcoin mining consumes.

Galaxy Digital books $860M in net comprehensive income in Q1

Twelve months earlier, the company recorded a comprehensive loss of $26.9 million.

Galaxy Digital Claims Banks Use More Than Double The Energy of Bitcoin

Digital assets firm Galaxy Digital has published a report claiming that Bitcoin is more than twice as green as the international banking system. 

Billionaire Mike Novogratz Says Ethereum Could Go Higher, Ramps Up Crypto Investments

Billionaire investor and crypto firebrand Mike Novogratz believes that Ethereum has more upside potential despite its meteoric rise to a fresh all-time high of $4,362 earlier this month.  In a new interview with New York Magazine, the founder and CEO of digital asset merchant bank Galaxy Digital unveils the factors that keep him bullish on […] The post Billionaire Mike Novogratz Says Ethereum Could Go Higher, Ramps Up Crypto Investments appeared first on The Daily Hodl.

Samsung Adds Support For Hardware Wallets On Galaxy Devices

Samsung Electronics has added new support assets for blockchain users with hardware wallets this week.

Samsung Adds Support for Hardware Wallets on Galaxy Smartphones

Galaxy owners will be able to connect hardware wallets to their smartphones and transfer coins to the built-in wallet that comes with most devices in the popular lineup.

Samsung Facilitates Blockchain Use on Galaxy Devices

Samsung issued an official announcement to inform users that they will now be able to manage and trade cryptocurrencies from third-party wallets directly on Samsung Galaxy smartphones.

Does Mike Novogratz hold more than $5B in crypto?

In a recent interview, the Galaxy Digital founder said his crypto investments amounted to 85% of his net worth. Galaxy Digital founder and CEO Mike Novogratz, a billionaire active in the digital asset space, says up to 85% of his net worth is in cryptocurrencies.In an interview with New York Magazine’s Intelligencer published today, Novogratz said that while he did have roughly 30% of his net worth in crypto starting at the 2017 bull run, the recent price surges in the crypto space had increased the valuation of his holdings, making them “up to 85 percent“ of the billionaire investor’s net worth.

Samsung Adds Support for Crypto Hardware Wallets to Galaxy Smartphones

Samsung Galaxy smartphone owners can now use third-party hardware wallets with the Samsung Blockchain Wallet app.

Bitcoin’s Smallest Unit: Billionaire Mike Novogratz Wants Crypto Exchanges to Quote Satoshis

Mike Novogratz, the CEO of Galaxy Digital, wants exchanges to start listing in the smallest unit of bitcoin otherwise known as “satoshis”.

“Time To Switch To Satoshis” Says Galaxy Digital CEO Novogratz

It’s been a busy few months for crypto financial services firm Galaxy Digital.

‘Time to Switch to Satoshis’: Mike Novogratz

The CEO of Galaxy Digital has said that crypto exchanges should start listing Satoshis (SATS), the smallest unit of Bitcoin.

SEC Didn’t Protect Consumers with Grayscale Bitcoin Trust: Mike Novogratz

The Galaxy Digital CEO hopes to launch a Bitcoin ETF, and says the SEC under Trump didn’t “take care of the consumer” by allowing GBTC instead of a true ETF.

K-pop Stars Feature in Newly Released Crypto-themed Movie ‘Twenty Hacker’

A trailer screenshot. A galaxy of K-pop stars-turned-actors is likely to draw music and cinema fans to a new South Korean crypto-themed movie that will begin streaming on major international platforms in the coming days. As reported last year, the pop star Kwon Hyun-bin, aka Viini, of the K-pop boyband JBJ, was recruited to play the lead role in what was originally filmed

'Dogecoin is a little bit of a middle finger to the system'

“I wish I was long [on DOGE] two weeks ago.” This was the opening remark of Mike Novogratz, CEO of Galaxy Investment Partners, in a recent CNBC interview.

Dogecoin’s Triumph Is A Snub Of The Monetary System

In accounting for Dogecoin’s phenomenal rise, Mike Novogratz, the CEO of Galaxy Digital, said it’s a middle finger to the system.

DOGE is Young People’s Middle Finger to the System, Says Mike Novogratz

While calling Dogecoin the "most honest shitcoin," Galaxy Digital's CEO asserted that the meme coin signifies young people's disbelief in the status quo.

Dogecoin Has ‘Remarkably Strong Fundamentals’ Despite Deficiencies, Says Mike Novogratz’s Galaxy Digital

Bitcoin bull Mike Novogratz’s company, Galaxy Digital, has analyzed dogecoin and concluded that “despite its deficiencies, dogecoin has remarkably strong fundamentals and powerful forces supporting its rise.” Novogratz admitted that he had been too bearish on the cryptocurrency.

Galaxy Digital To Acquire BitGo In a USD 1.2B Deal

Mike Novogratz. Major financial services and investment management firm Galaxy Digital has agreed to acquire crypto services provider BitGo. "The acquisition will position Galaxy Digital as a leading global full-service platform for institutions seeking access to the crypto economy, offering an unparalleled breadth of industry-leading products and services at

'The Most Honest Sh*tcoin,' Dogecoin, Will Survive Alongside Bitcoin - Analysts

One of the oldest cryptocurrencies, created as a joke, dogecoin (DOGE), continues to rally, with financial services firm Galaxy Digital researchers attributing it partly to its honesty, simplicity, and self-awareness.

Mike Novogratz’s Galaxy Digital to Acquire the Crypto Custodian BitGo

Mike Novogratz' Galaxy Digital Holdings has acquired the large cryptocurrency custodian - BitGo with a transaction value of about $1.2 billion.

Galaxy Digital to acquire crypto custodian and services provider BitGo

Under the acquisition’s terms, BitGo shareholders will get 33.8 million in newly issued shares of Galaxy Digital, in addition to $265 million in cash. Galaxy Digital, a crypto and blockchain-focused financial services and investment manager founded by Mike Novogratz, is set to acquire institutional crypto custodian service and wallet operator BitGo. According to an announcement on Wednesday, Galaxy Digital Holdings will pay $1.2 billon in stock and cash to settle the deal.

Galaxy Digital Set To Buy BitGo for $1.2 Billion

Galaxy Digital has announced that it will purchase crypto custody firm BitGo for over $1 billion in stocks and cash.

Biggest Token Burning in History: Sensorium Burns Over $10B Worth of SENSO Tokens; Reveals NFT Functionality

Sensorium Corporation, the company behind the highly-anticipated digital metaverse Sensorium Galaxy, has burned 4.2 billion SENSO tokens reducing the existing supply by 70%.

Crypto Ecosystem Matures, But There Are Fewer New Entrants

The growth of business models outside crypto exchanges demonstrates the maturation of the crypto market’s infrastructure, while a noticeable decline in pre-seed deals shows a lack of new entrepreneurial entrants to the cryptospace, according to Mike Novogratz-led crypto-focused financial services and investment management firm Galaxy Digital. Alex Thorn, the company’s